Why do I have to pay up front when it comes to conveyancing in Sully?
Where you are retaining lawyers for conveyancing in Sully your solicitor will ask you place them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. If any deposit is payable against the purchase price then this should be needed immediately in advance of exchange of contracts. Any further balance that is needed should be sent to your lawyer a few days ahead of the day of completion.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Sully. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 19/8/2025, the requirements read as follows :
I am the only beneficiary of my late mum's estate and I have everything in my name now, including the house in Sully. Conveyancing formalities meant that the Land Registry date was in July. I want to move. I do know about the Mortgage Lenders 6 month 'rule', which means that my proprietorship will be considered the same way as though I had purchased the house in July. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be caught by that. How sensible a view lenders take of it, depend on the lender as this provision is primarily there to capture the purchase and immediately sell or the flipping of property.
We expect to receive a AIP from Principality this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Principality recommend any Sully solicitors on the Principality conveyancing panel, or is it better to go independently?
You will need to appoint Sully solicitors independently although you'll need to choose one on the Principality conveyancing panel. The solicitor represents both you and Principality through the process.
Having read lots of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Sully solicitor - who is on the Lloyds conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Lloyds will need an independent valuation of the property. Your lawyer will not arrange this. Usually Lloyds will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Sully surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Are there restrictive covenants that are commonly identified during conveyancing in Sully?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Sully. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the guidance of my in-laws I had a survey completed on a house in Sully prior to retaining conveyancers. I have been informed that there is a flying freehold overhang to the house. My surveyor advised that some lenders tend refuse to grant a mortgage on a flying freehold home.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. Should you wish to call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Sully. Conveyancing will be smoother if you use a solicitor in Sully especially if they are acquainted with such properties in Sully.
I today plan to offer on a house that appears to be perfect, at a reasonable figure which is making it more attractive. I have since discovered that it's a leasehold rather than freehold. I am assuming that there are particular concerns purchasing a house with a leasehold title in Sully. Conveyancing lawyers have are soon to be appointed. Will they explain the issues?
The majority of houses in Sully are freehold and not leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can assist with the conveyancing process. We note that you are buying in Sully so you should seriously consider looking for a Sully conveyancing practitioner and be sure that they are used to dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. As a tenant you will not be entirely free to do whatever you want to the property. The lease will likely included provisions such as requiring the freeholder’sconsent to carry out alterations. You may also be required to pay a maintenance charge towards the maintenance of the communal areas where the property is part of an estate. Your conveyancer will advise you fully on all the issues.